Property prices for sale in Heber Springs (Arkansas)
The prices in real estate in Heber Springs, in the Arkansas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Heber Springs has remained the same in the last 6 months. In October, the average price per sq.feet was $184. In November this price pretty much remained the same at a value of $176 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $180 to $173.5 per sq.feet. The price per sq.feet has had a considerable increase of 120 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $176.75 to $212.5 during February, and March.
Based upon to the price in Heber Springs (cities), these have remained the same in the last 6 months. The average price for October is $380,492. During November the price had a slight fall till $347,353. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $431,506 they are 48 % more affordable than the average price for Heber Springs. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $291,190.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $227 / sq.feet price in Heber Springs. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $431,506 it is 68 % cheaper than the average price in Heber Springs. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $339,398 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $179 / sq.feet followed by "Detached House" priced at $220 / sq.feet. "Land" is the most costly type of property with a $44,780 / sq.feet cost followed by "Detached House" with an average price of $220 / sq.feet.
